×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Zoom beats quarterly revenue estimates on remote work boost

Zoom Video Communications Inc beat second-quarter revenue estimates on Monday as it benefited from efforts to convert more of the huge work-from-home user base it has gained in the coronavirus crisis into paying customers.

Total revenue for the three months ended July 31 jumped 355 per cent to $663.5 million, beating estimates of $500.5 million, according to IBES Refinitiv data.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in